Canadian Ebit vs Other Operating Expenses Analysis
| CM Stock | USD 64.68 0.05 0.08% |
Canadian Imperial financial indicator trend analysis is way more than just evaluating Canadian Imperial Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canadian Imperial Bank is a good investment. Please check the relationship between Canadian Imperial Ebit and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Imperial Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Ebit vs Other Operating Expenses
Ebit vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Imperial Bank Ebit account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Canadian Imperial's Ebit and Other Operating Expenses is -0.41. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Canadian Imperial Bank, assuming nothing else is changed. The correlation between historical values of Canadian Imperial's Ebit and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Canadian Imperial Bank are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebit i.e., Canadian Imperial's Ebit and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.41 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Ebit
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Canadian Imperial Bank. It is also known as Canadian Imperial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from Canadian Imperial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canadian Imperial Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Imperial Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. As of the 28th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.44, while Selling General Administrative is likely to drop about 5.4 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 9.5B | 32.2B | 37.0B | 38.9B | Depreciation And Amortization | 1.0B | 1.1B | 1.3B | 1.4B |
Canadian Imperial fundamental ratios Correlations
Click cells to compare fundamentals
Canadian Imperial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canadian Imperial fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 769.6B | 837.7B | 943.6B | 975.7B | 1.1T | 1.2T | |
| Short Long Term Debt Total | 74.0B | 164.2B | 187.5B | 194.5B | 223.7B | 234.9B | |
| Other Current Liab | (73.6B) | (93.9B) | (11.2B) | (90.9B) | (81.8B) | (77.7B) | |
| Total Current Liabilities | 73.6B | 85.1B | 91.4B | 90.9B | 81.8B | 44.0B | |
| Total Stockholder Equity | 41.2B | 45.6B | 50.2B | 53.0B | 60.9B | 64.0B | |
| Property Plant And Equipment Net | 3.0B | 3.3B | 3.4B | 3.3B | 3.7B | 2.3B | |
| Net Debt | (16.7B) | 94.9B | 114.1B | 131.3B | 151.0B | 158.6B | |
| Retained Earnings | 22.1B | 25.8B | 28.8B | 30.4B | 35.0B | 36.7B | |
| Non Currrent Assets Other | (650M) | (402M) | 755.3B | (223.4B) | (257.0B) | (244.1B) | |
| Other Assets | 483.6B | 566.8B | (19.8B) | (286.1B) | (329.1B) | (312.6B) | |
| Common Stock Shares Outstanding | 892.0M | 900.4M | 905.7M | 916.2M | 1.1B | 882.8M | |
| Liabilities And Stockholders Equity | 769.6B | 837.7B | 943.6B | 975.7B | 1.1T | 1.2T | |
| Non Current Liabilities Total | 45.9B | 88.0B | 893.2B | 985.7B | 1.1T | 1.2T | |
| Other Stockholder Equity | 117M | 110M | 115M | 109M | 98.1M | 93.2M | |
| Total Liab | 728.2B | 791.9B | 893.2B | 922.5B | 1.1T | 1.1T | |
| Property Plant And Equipment Gross | 3.0B | 6.4B | 6.9B | 7.0B | 8.0B | 8.4B | |
| Accumulated Other Comprehensive Income | 1.4B | 1.1B | 1.6B | 1.5B | 1.7B | 1.8B | |
| Common Stock | 13.9B | 14.4B | 14.7B | 16.1B | 18.5B | 19.4B | |
| Cash | 62.5B | 69.3B | 73.3B | 63.2B | 72.6B | 76.3B | |
| Non Current Assets Total | 159.9B | 172.3B | 943.6B | 1.2T | 1.3T | 1.4T | |
| Cash And Short Term Investments | 117.1B | 88.1B | 92.7B | 80.5B | 92.6B | 97.2B | |
| Net Receivables | 9.0B | 10.4B | 19.8B | 13.9B | 16.0B | 16.8B | |
| Total Current Assets | 126.1B | 98.6B | 19.8B | 94.4B | 108.6B | 114.0B | |
| Accounts Payable | 8.7B | 8.8B | 11.2B | 13.2B | 15.2B | 16.0B | |
| Inventory | (190.5B) | (196.5B) | (309.7B) | (202.0B) | (181.8B) | (172.7B) | |
| Other Current Assets | 190.5B | 196.5B | 217.0B | 607M | 546.3M | 519.0M | |
| Short Term Debt | 64.9B | 76.2B | 80.2B | 77.7B | 89.3B | 93.8B | |
| Other Liab | 10.0B | 10.2B | 12.7B | 11.4B | 10.2B | 18.6B | |
| Net Tangible Assets | 31.1B | 35.8B | 39.6B | 42.2B | 48.5B | 50.9B | |
| Long Term Debt | 7.2B | 5.9B | 6.3B | 116.8B | 134.4B | 141.1B | |
| Good Will | 5.3B | 5.0B | 5.3B | 5.4B | 6.2B | 6.6B | |
| Short Term Investments | 54.6B | 18.9B | 19.4B | 17.3B | 19.9B | 21.5B | |
| Long Term Investments | 149.7B | 162.1B | 176.5B | 212.0B | 243.8B | 256.0B | |
| Short Long Term Debt | 27.1B | 76.2B | 80.2B | 77.7B | 89.3B | 93.8B | |
| Intangible Assets | 2.0B | 2.0B | 2.6B | 2.7B | 3.2B | 3.3B | |
| Property Plant Equipment | 3.0B | 3.3B | 3.4B | 3.3B | 3.7B | 2.1B | |
| Long Term Debt Total | 4.7B | 9.1B | 8.0B | 8.5B | 7.6B | 7.9B | |
| Capital Surpluse | 125M | 117M | 110M | 115M | 132.3M | 122.1M |
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Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Imperial. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Imperial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.238 | Dividend Share 3.57 | Earnings Share 4.92 | Revenue Per Share 24.295 | Quarterly Revenue Growth 0.196 |
The market value of Canadian Imperial Bank is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Imperial's value that differs from its market value or its book value, called intrinsic value, which is Canadian Imperial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Imperial's market value can be influenced by many factors that don't directly affect Canadian Imperial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Imperial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Imperial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Imperial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.